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Share market will always go up & down.
Depending on your appetite, long term or otherwise.
A simple case study.
Google Yong Siew Yoon.
Always appear as a top 30 shareholder in MBB.
2021 holding 21,000 lots ( old school lot : 1000 )
2024 holding 23,000 lots
Passive income of around 14 million yearly from dividend.
Do you think this fella cares to market “noise” ?
Obviously not.
MBB is too big to fail.
For those who follow the politic behind the scene will understand.
Go study ASB, PNB and it’s relevance to Maybank. It takes a fair bit of reading/searching.
But when you understand better about MBB, you will feel so much better owning a “little” part of this business .. happy trading !
I used to own this share & enjoying its dividend for a good few years. Then I noticed the Rasau project was progressing extremely slow. I know their dividend payment is not sustainable.
Every quarter when I go thru their financial report, I can see their cash dwindling.
Johnson, read my posting carefully. I said this QR3 result will give some hint on the final dividend. I didn’t say this QR will give dividend.
I have been taking dividend from Tiger for 5 years now. Every year 6 digits, except for the first year.
So, I do roughly know when Tiger will give angpow